Mefish I think you make a valid point about exploration. I also think Mike has been fortunate to get this raising through. If the market didn't bounce it would have been worse. I should have sunk my capital into Paladin, but now that VMY have some dosh it might simply be a matter of the uranium market and contract execution. One thing I will comment on about the spot price is that Mike often refers to it as an arbitrage market, and the contract market is a different ballgame. Yet today's announcement refers to the spot price, so clearly it is a reference point.
VMY Price at posting:
3.7¢ Sentiment: Hold Disclosure: Held
